PSU NEWS
MCL is best Mini-ratna PSU in India says Dalal Street
Sambalpur: Investment magazine Dalal Street journal has awarded Mahanadi Coalfields Limited (MCL), an Odisha-based subsidiary of Coal India Limited, as India’s Best Public Sector Undertaking 2018.
In a letter addressed to MCL’s Chairman-cum-Managing Director, the Dalal Street has ranked Odisha-based Coal India arm as Number one 'Mini-ratna of the Year 2018 (non-manufacturing)'.
MCL is second largest coal producing company of the country, producing more than 93 % of dry fuel through 'Surface Miners', an environment-friendly technology. The company had produced 144.2 million tonnes during the fiscal ended March 31, 2019.
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